A prop firm (proprietary trading firm) is a company that provides traders with access to its capital to trade financial markets. Traders must pass an evaluation process and follow a set of rules before trading with the firm’s funds. Profits are shared between the trader and the firm.
This model allows traders to operate with larger capital, increasing their profit potential, while the firm benefits from the expertise of skilled traders.
Why Prop Trading is a Smart Choice for Traders
Trading with personal capital offers full independence but comes with two major challenges: limited capital and the constant risk of losing personal funds. These obstacles often prevent traders from scaling up and achieving meaningful profits.
Prop trading, on the other hand, opens new opportunities:
- Access to larger capital: Trade with funds far beyond your personal balance.
- Reduced personal risk: Your savings remain safe while you trade confidently.
- Professional growth: Trading company funds requires strict risk management and refined strategies. Many prop firms, including Coinlocally Prop, provide education and advanced analytical tools to enhance trader performance.
- Higher profit potential: Larger trade sizes create more opportunities for significant gains.
- Equal opportunity: Even traders with limited personal capital can participate at a professional level.
- 24/7 support and resources: Firms like Coinlocally Prop offer round-the-clock guidance, tools, and structured programs to help traders succeed.
In short, prop trading is ideal for skilled traders who lack sufficient personal funds or prefer not to risk their own money. Self-funded trading, however, is suitable for those who already have capital and want full control over their trades.
Why Coinlocally Prop?
Coinlocally Prop is an educational prop trading platform that allows traders to sharpen their skills in a zero-risk environment. The platform offers:
- Training resources
- Analytical tools
- Simulated demo accounts
Importantly, Coinlocally Prop does not operate as a broker and does not accept deposits from users. All market data and technology are powered by third-party liquidity providers. Content on the platform is strictly educational and not investment advice.
Coinlocally Prop: The Smarter Choice
By combining diverse account types, advanced training tools, and professional support, Coinlocally Prop provides the perfect environment for both beginners and experienced traders. It enables traders to:
- Practice in demo environments
- Enhance their strategies
- Prepare for real-market challenges
All of this is possible without risking personal funds.
Key Benefits of Coinlocally Prop
- Demo accounts: Practice freely without financial risk.
- Skill enhancement: Strict risk management rules and analytical tools foster discipline.
- Educational ecosystem: Access a wide range of resources to deepen market knowledge.
- 24/7 professional support: Dedicated team assistance at every stage.
- Equal opportunity: Step into a professional trading environment regardless of personal capital.
Coinlocally Prop Trading Plans
Regular Plan
Ideal for newcomers. Simple, transparent rules allow traders to test skills in a low-risk environment while learning proper risk management.
Features:
- 3-step challenges
- Account sizes: $5,000 to $100,000
- Acts as a springboard for larger accounts
Pro Plan
Designed for experienced traders. Requires strong discipline and strategy with higher profit targets.
Features:
- 2-step evaluation challenges
- Account sizes: $5,000 to $100,000
Elite Plan
Tailored for seasoned professionals.
Features:
- Stricter rules and higher profit goals
- One-step challenges
- Challenge accounts: $5,000 to $50,000
- Access to real trading accounts with 85% profit split in favor of the trader
Why Different Plans?
With three distinct plans, Coinlocally Prop ensures every trader, from beginner to expert, can find the right path. From the first steps in the Regular Plan to the advanced challenges in Elite, the platform guides traders toward larger accounts and greater rewards.
Conclusion
Trading success isn’t just about knowledge; it’s about the right environment and resources. Coinlocally Prop combines simulated capital, structured training, and ongoing support to create a unique opportunity for traders.
It allows them to test their abilities, strengthen discipline, and prepare for profitable real-world trading, all without risking personal funds.